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Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Guru Vachaal, Apr 15, 2015.

?

If you get 100% returns in 3 months, what would you do?

Poll closed May 15, 2015.
  1. Sell

    4 vote(s)
    33.3%
  2. Buy

    0 vote(s)
    0.0%
  3. Hold

    5 vote(s)
    41.7%
  4. Research

    3 vote(s)
    25.0%
  5. Will ask others

    0 vote(s)
    0.0%
  1. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    Lets say you are invested in a fundamentally sound company and have doubled your money within 3 months, what would you do?
     
  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    Well, I have never been in the happy position of making such gains. Assuming it does happen, I would cooly evaluate the reasons for the steep rise and ask whether it is sustainable. If I think it is based on hype, I might sell the whole or a part of my holding. On the other hand if there are fundamental reasons (e.g discovery of/ approval to a new drug) I would hold on tight and even buy more on dips.
     
  3. heart

    heart New Member

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    I think every investor should have a view/target for his/her investment. Lets say my target is 1x of the investment and IF that happens in such a short span then he/she should exit as the target is met.

    Now on the other hand if you have great conviction about the company then simply sit tight for multibagger returns.
     
  4. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    This is a quite common case in every bull market.

    Sometimes we miss the bus by selling a fundamentally sound company.

    This happened with me.

    I sold D-link India Ltd at Rs 65 by making more than 100% returns in a very short term.

    See its CMP.
     
  5. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    Ouch! I think having the stock and losing out hurts more than not having the stock at all. But, keep the faith. If you identified a winner once, you can do it again and again.
     
  6. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    Minakshi,
    I have no regret because after selling Dlink I invested that Money in RS SOFTWARE.

    vardhman acrylics may be the next multibagger.
     
  7. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    Interesting !!... Most of the people will HOLD even after doubling the money? ;D
     
  8. pmuk

    pmuk New Member

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    There is no 'right'or 'wrong' answer in this - they come up only on hindsight.
    So the best course is what Meenakshi had suggested - evaluate coolly with all the logic/rational based on the info available.
     
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